First Trust NASDAQ Smartphone Index Fund
FONE
FONE was delisted on the 29th of May, 2019.
16 hedge funds and large institutions have $3.45M invested in First Trust NASDAQ Smartphone Index Fund in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
24% more capital invested
Capital invested by funds: $2.78M → $3.45M (+$669K)
6% less funds holding
Funds holding: 17 → 16 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$338K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$196K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$145K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$22.7K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$56.9K |
| 2 |
Morgan Stanley
New York
|
-$49K |
| 3 |
IWMPD
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
|
-$14K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$13.4K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.83K |
FONE Hedge Fund Activity: Q1 2016 in Review
16 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Smartphone Index Fund (FONE) for Q1 2016, worth a combined $3.45M — up 24% from $2.78M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FONE and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $338K. The largest seller was Ladenburg Thalmann Financial Services, cutting an estimated $56.9K.
- 16 institutional investors held First Trust NASDAQ Smartphone Index Fund (FONE) as of Q1 2016, down from 17 in Q4 2015.
- Funds reported $3.45M of First Trust NASDAQ Smartphone Index Fund stock for Q1 2016, up 24% quarter-over-quarter.
- 1 fund opened new First Trust NASDAQ Smartphone Index Fund positions in Q1 2016 and 2 closed out, a net change of -1 holder.
- The largest First Trust NASDAQ Smartphone Index Fund buyer in Q1 2016 was Jane Street, an estimated $338K added.
- The largest First Trust NASDAQ Smartphone Index Fund seller in Q1 2016 was Ladenburg Thalmann Financial Services, an estimated $56.9K sold.
Based on aggregated 13F filings for Q1 2016.